Avoidance of Conflict of Economic Interest Sample Clauses
The Avoidance of Conflict of Economic Interest clause is designed to prevent parties involved in an agreement from engaging in activities that could compromise their impartiality or create competing financial interests. Typically, this clause requires parties to disclose any potential economic conflicts and to refrain from actions that would place their personal or organizational interests in opposition to the objectives of the agreement. By implementing this clause, the agreement seeks to maintain transparency and trust, ensuring that decisions are made in the best interest of all parties and reducing the risk of biased or self-serving conduct.
Avoidance of Conflict of Economic Interest. No executive or employee of SUBRECIPIENT, elected official in the area, or any staff person or consultant who is a member or officer of the Board of Directors or other official governing body of SUBRECIPIENT will solicit or accept money or any other consideration from a third person, for the performance of an act reimbursed in whole or part by SUBRECIPIENT or COUNTY.
Avoidance of Conflict of Economic Interest. No executive or employee of CONTRACTOR, elected official in the area, or voting or non-voting member of a WIB, will solicit or accept money or any other consideration from a third person, for the performance of an act reimbursed in whole or part by CONTRACTOR or COUNTY. Supplies, materials, equipment or services purchased with Agreement funds will be used solely for purposes allowed under this Agreement. No voting member of the OCWIB will cast a vote on the provision of services by that member (or any organization which that member represents) or vote on any matter which would provide direct financial benefit to that member or any business or organization which the member directly represents.
Avoidance of Conflict of Economic Interest. An executive or employee of the Contractor, an elected official in the area or a member of the Local Board, will not solicit or accept money or any other consideration from a third person, for the performance of an act reimbursed in whole or part by the Contractor or "pass-through" entity:Supplies, materials, equipment or services purchased with agreement funds will be used solely for purposes allowed under this agreement. No member of the Local Board will cast a vote on the provision of services by that member (or any organization, which that member represents) or vote on any matter which would provide direct financial benefit to that member (or immediate family of the member) or any business or organization which the member directly represents.
Avoidance of Conflict of Economic Interest. An executive or employee of the Subrecipient, an elected official in the area, or a member of the Consortium Policy Board and the Workforce Development Board that provides oversight and funding direction to SDWP, will not solicit or accept money or any other consideration from a third person, for the performance of an act reimbursed in whole or part by the Subrecipient or SDWP: Supplies, materials, equipment or services purchased with agreement funds will be used solely for purposes allowed under this agreement. No member of the Local Board will cast a vote on the provision of services by that member (or any organization, which that member represents) or vote on any matter which would provide direct financial benefit to that member (or immediate family of the member) or any business or organization which the member directly represents.
Avoidance of Conflict of Economic Interest. An executive or employee of the Sub-‐ Contractor, an elected official in the area or a member of the Local Board, will not solicit or accept money or any other consideration from a third person, for the performance of an act reimbursed in whole or part by the Sub-‐Contractor or East Bay Community Services/La Familia Counseling Service: Supplies, materials, equipment or services purchased with contract funds will be used solely for purposes allowed under this contract. No member of the Local Board will cast a vote on the provision of services by that member (or any organization, which that member represents) or vote on any matter which would provide direct financial benefit to that member (or immediate family of the member) or any business or organization which the member directly represents.
Avoidance of Conflict of Economic Interest. An executive or employee of SUBRECIPIENT, an elected official in the area, or a member of the SUBRECIPIENT governing board, may not solicit or accept money or any other consideration from a third person for the performance of any act, only to the extent it was or will be reimbursed by SUBRECIPIENT or state. Supplies, materials, equipment, or services purchased with grant funds will be used solely for purposes allowed under this Agreement.
Avoidance of Conflict of Economic Interest. No executive or employee of CONTRACTOR, elected 2 official in the area, or voting or non-voting member of a WIB, will solicit or accept money or any other 3 consideration from a third person, for the performance of an act reimbursed in whole or part by 4 CONTRACTOR or COUNTY. Supplies, materials, equipment or services purchased with Agreement funds 5 will be used solely for purposes allowed under this Agreement. No voting member of the OCWIB will cast a 6 vote on the provision of services by that member (or any organization which that member represents) or vote
Avoidance of Conflict of Economic Interest. No executive or employee of SUBRECIPIENT, elected official in the area, or any staff person or consultant who is a member or officer of the Board of Directors or other official governing body of SUBRECIPIENT will solicit or accept money or any other consideration from a third person, for the performance of an act reimbursed in whole or part by SUBRECIPIENT or COUNTY. OC Community Resources Contract FY ▇▇-▇▇▇▇-▇▇ ▇▇▇▇ Prof Contract # 176-28-0055-▇▇▇▇
Avoidance of Conflict of Economic Interest. No executive, employee, volunteer or agent of CONTRACTOR will solicit or accept money or any other consideration from a third person, for the 22 performance of an act reimbursed in whole or part by CONTRACTOR or COUNTY. Supplies, materials, 23 equipment or services purchased with Agreement funds will be used solely for purposes allowed under 24 this Agreement.
Avoidance of Conflict of Economic Interest. No executive or employee of CONTRACTOR, 22 elected official in the area, or voting or non-voting member of a WIB, will solicit or accept money or any 23 other consideration from a third person, for the performance of an act reimbursed in whole or part by 24 CONTRACTOR or COUNTY. Supplies, materials, equipment or services purchased with Agreement funds 25 will be used solely for purposes allowed under this Agreement. No voting member of the OCWIB will cast 26 a vote on the provision of services by that member (or any organization which that member represents) or 1 vote on any matter which would provide direct financial benefit to that member or any business or 2 organization which the member directly represents.